Documents, Instruments, and Chattel Paper. Each Obligor represents and warrants to the Agent and the Lenders that (a) to its Knowledge all documents, instruments, and chattel paper describing, evidencing, or constituting Collateral owned by such Obligor, and all signatures and endorsements thereon of any Obligor, are and will be complete, valid, and genuine in all material respects, and (b) all goods evidenced by such documents, instruments, and chattel paper are and will be owned by such Obligor, free and clear of all Liens other than Permitted Liens.
Appears in 3 contracts
Sources: Senior Secured Debtor in Possession Credit, Security and Guaranty Agreement (General Growth Properties Inc), Senior Secured Debtor in Possession Credit, Security and Guaranty Agreement (General Growth Properties Inc), Senior Secured Debtor in Possession Credit, Security and Guaranty Agreement (Pershing Square Capital Management, L.P.)
Documents, Instruments, and Chattel Paper. Each Obligor represents and warrants to the Agent and the Lenders that (a) to its Knowledge all documentsmaterial Documents, instrumentsInstruments, and chattel paper Chattel Paper describing, evidencing, or constituting Collateral owned by such ObligorCollateral, and all signatures and endorsements thereon of any Obligorthereon, are and will be complete, valid, and genuine in all material respectsgenuine, and (b) all goods Goods evidenced by such documentsDocuments, instrumentsInstruments, Letter-of-Credit Rights and chattel paper Chattel Paper are and will be owned by such an Obligor, free and clear of all Liens other than Permitted Liens.
Appears in 1 contract
Sources: Security Agreement (Applica Inc)